CoinShares announces the launch of CoinShares Altcoins ETF

Golden Finance reports that CoinShares has announced the launch of the CoinShares Altcoins ETF (ticker symbol: DIME), an innovative U.S. ETF designed to capture altcoin opportunities through investors' existing brokerage accounts. DIME invests evenly across multiple ETPs holding different digital assets to reduce the risk of relying on a single cryptocurrency. DIME offers optionality in emerging Layer 1 alternatives, covering three investment themes: high-speed blockchain, interoperability protocols, and growth platforms. DIME provides equal-weight exposure to a basket of alts by investing in exchange-traded products listed on public stock markets in the United States, Canada, the United Kingdom, and the European Union. DIME's initial investments will focus on ETPs investing in Solana (SOL), Polkadot (DOT), Cardano (ADA), Cosmos (ATOM), Sei (SEI), Avalanche (AVAX), Sui (SUI), Aptos (APT), Near Protocol (NEAR), and Toncoin (TON).